Fannie Mae (FNMA)

[tcj]

No it would not be a traditional merger. It would be two companies in need of massive capital whereby common would either be eliminated for a new entity IPO or it would be so diluted that it wouldn't be far from zero. There is nothing "traditional" about FnF being merged into a utility model. It's simply amazing how most people here don't have a clue about how any of this will likely go down.